(openPR) AGM Statement
June 28, 2005
To Shareholders
Mineo Yamamoto
President & Chief Executive Officer
All Nippon Airways Co., Ltd.
1-5-2 Higashi-Shimbashi
Minato-ku, Tokyo 105-7133, Japan
Notification of Resolution at the 60th Ordinary General Meeting of Shareholders
We are pleased to announce the items reported and approved at the 60th Ordinary General Meeting of Shareholders held today as follows:
Report Presented:
Reports were presented on the following items:
1. Consolidated Balance Sheets and Consolidated Statements of Income for the 55th term (from April 1, 2004 to March 31, 2005), and Audit Report of Consolidated Financial Statements of Independent Auditors and the Board of Corporate Auditors.
2. Business Report, Non-consolidated Balance Sheets and Non-consolidated Statements of Income for the 55th term (from April 1, 2004 to March 31, 2005), and Acquisition of Treasury Stock by a resolution of the Board of Directors as authorized by the Articles of Incorporation.
Agenda Items Approved:
Item 1: Approval of the Proposal relating to Appropriation of Profits for the 55th term
This item was approved as presented. We are pleased to announce the Company will distribute a dividend of three (3) yen per share for the fiscal year under review, giving consideration to earning retention in order to intensify financial structure for future business expansion.
Item 2: Changes in Certain Sections of the Articles of Incorporation
This item was approved as presented. The contents of the changes are as follows:
1. Following the passage and implementation of the "Law Concerning Revision of Portion of the Commercial Code, etc. in order to Introduce the Electronic Public Notice Systems" (Law No.87, 2004), under which pubic notices of corporations by electronic means are approved, the Company changed the existing announcement method using the Nihon Keizai Shimbun to electronic public notice. In the unavoidable circumstances which preclude an electronic public notice, a public notice shall be made in the Nihon Keizai Shimbun as in the past.
2. The Company increased the total number of shares authorized to be issued by the Company from 2,203,200,000 shares to 3,400,000,000 shares in order to implement expeditious capital policy in preparation for future expansion of business scale.
Item 3: Election of 15 Directors
The item was approved as presented. The following 15 persons were elected as directors and they accepted assumption of their offices respectively:
Yoji Ohashi, Mineo Yamamoto, Hiromichi Toya, Suguru Omae, Masao Nakano, Katsuhiko Kitabayashi, Koshichiro Kubo, Shinichiro Ito, Kenichiro Hamada, Shin Nagase, Mitsuo Morimoto, Tomohiro Hidema, Keisuke Okada, Akinori Nomoto, Misao Kimura.
Item 4: Election of 2 Corporate Auditors
The item was approved as presented. The following 2 persons were elected as corporate auditors and they accepted assumption of their offices respectively: Masahiko Takada, Hideo Minamiyama.
Item 5: Revision of the Amount of Remuneration of Corporate Auditors
The item was approved as presented. It was resolved that the amount of remuneration of corporate auditors was revised to below 10,000,000 yen per month.
Following individuals were elected as and accepted assumption of the offices set forth below at the Board of Meeting held after this Meeting:
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Our website URL for the Electronic Public Notice is http://www.ana.co.jp/ir.
